Lastest SBA Loans News

Biz2Credit Small Business Lending Index Reports Continued Improvement in
“Small banks are becoming increasingly aggressive in SBA lending, particularly through the SLA and SBA Express program loans,” said Biz2Credit CEO, Rohit Arora who oversaw the research. “While huge banks have been steadily approving more …
Read more on CUinsight.com (press release)

Expansion, benefits reduce earnings at Naugatuck bank
Boulier said the bank closed more than $ 140 million in residential loans in 2012 and nearly $ 70 million in commercial loans, of which $ 5.5 million were SBA, or Small Business Administration, loans. The bank finished the year with total assets of $ 942 …
Read more on Waterbury Republican American

Small Business Loans Up: SBA

Small Business Loans Up: SBA
Loans ranging from under $ 100,000 to $ 1 million experienced small increases in the fourth quarter, the SBA said Tuesday. Among the depository lending community, the larger institutions of $ 1 billion or more helped offset the declines in lending by the …
Read more on Credit Union Times

REUTERS SUMMIT-Kenya Commercial Bank targets SMEs to lift returns
Currently, around 40 percent of Kenya Commercial Bank's (KCB) lending business is focused on major companies, 30 percent on personal loans and 15 percent on mortgages, with the remainder going to SMEs. "What we want to enhance is our SME …
Read more on Reuters Africa

Lastest Hard Money Loans News

Bank Of America's Mean Reversion Illustrated
Bank of America (BAC) has been a continual under-performer amongst large money center banks since the financial crisis. As a result, the bank trades at 0.6 times book value. … The bank is working hard to place these troubles behind them with new cost …
Read more on Seeking Alpha

Economic week ahead: Hard numbers
Chinese authorities are also expected to release money supply and new yuan lending data sometime between April 10 and April 15. M2 money supply growth is expected to slow slightly, from 15.2% year-on-year growth in February to 15.1% growth in March.
Read more on Mail & Guardian Online

Newcastle Council buys shopping for the desperate families
A Government cut in cash previously earmarked for crisis loans and a choice not to allow local authorities to claw back the pay-outs through benefit deductions means the money is unlikely to ever be paid back. As such, some £222,900 will be handed …
Read more on Journal Live